[YouTube] Nassim Taleb Lecture: Don’t be fooled! The truth about science technology education and wealth

In this fantastic lecture at the end of August 2019 at the WorldSkills Conference in Kazan, Russia, he addressed some very interesting points:

✅ The importance of trial and error for the development of technology.
✅ Theory does not allow interaction with uncertainty.
✅ Theoretical knowledge is inferior to the knowledge gained from experience.
✅ We get smarter when we perform, not just when we sit and think.
✅ People who use trial-and-error are more successful than those who just dedicate themselves to designing, writing formulas, and reasoning in theory.
✅ Businesses that make small, cheap mistakes can end up making a mistake that will make them big.
✅ People involved in technology do not write books. The books are written by teachers. But the real heroes didn’t come from the academic world, they didn’t have time to discuss what they were doing.
✅ Do not try to teach birds to fly. The world does not develop from top to bottom.
✅ Industrial Revolution and Cybernetics did not come from academia and science but from people without formal study.
✅ Formal education does not generate wealth for countries.
✅ First, they must get rich and only then invest in this type of education (If you care about Brazil!)
✅ South Korea and Switzerland first became rich with the technical skills of their people and later invested in formal education.

[YouTube] Nassim Nicholas Taleb: “Skin in the Game” | Talks at Google

American essayist, scholar and former trader Nassim Nicholas Taleb, whose work focuses on problems of randomness, probability, and uncertainty, discusses his latest book “Skin in the Game”.

Nassim explores the notion that ‘skin in the game’ is necessary for fairness, commercial efficiency, and risk management, and key to making sense of the world at large.

Get the book here: https://amzn.to/2Tg0Fy1

Bloomberg: Nassim Says World Is More Fragile Today Than in 2007

Nassim Nicholas Taleb, scientific advisor at Universa Investments, discusses the factors causing global fragility, hidden liabilities in global markets, and what he sees as safe trades in the current market. He speaks with Bloomberg’s Erik Schatzker on “Bloomberg Markets.” (Source: Bloomberg)

Link: https://www. bloomberg .com/ news/ videos/ 2018-10-31/ taleb-says-world-is…